Revenues of governmental fund types should be recognized when:
A. authorized by the budget ordinance.
B. collected in cash.
C. measurable and available.
D. taxes become delinquent.
Answer: C
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It is inappropriate for a salesperson to provide information to his/her company on such topics as competitors' activities and market opportunities since doing so would exceed his/her authority and violate customer confidence.
Answer the following statement true (T) or false (F)
My ________ are coming over for Thanksgiving Dinner
A) sister in laws B) sisters in law C) sisters-in-law D) sister-in-laws
The Electronics Division of Anton Company reports the following results for the current year: Revenues$553,000? Operating expenses$496,000? Operating income$57,000? Operating assets$670,000? Anton Company has set a target return on investment (ROI) of 14% for the Electronics Division. The Electronic Division's return on investment is:
A. 10.31%. B. 11.49%. C. 8.51%. D. 14.00%.
Consequential damages are foreseeable damages that arise from a party's breach of a contract.
Answer the following statement true (T) or false (F)